AMD (AMD) Jumps on Beat-and-Raise Earnings as Revenues Rise 71% Amid Xilinx Deal
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/23/2026
- Wall Street ends lower on semiconductor selloff as AI spending concerns mount
- Alphabet added to Dow Jones Industrial Average, Verizon dropped
- Chip stocks plunge, but bargain-hunters limit scale of tech rout
- FedEx falls 4% as CY2026 profit forecast misses expectations despite Q4 beat
- Oil prices finish 1% lower as investors focus on Hormuz flows after peace talks
- Exclusive-China robot-hand-building unicorn Linkerbot targets $6 billion valuation
- Spain's ex-transport minister sentenced to 24 years for corruption
- China, US, UAE police arrest 276 telecom fraud suspects in Dubai
- Needham Starts NeoVolta (NEOV) at Buy
- Li Auto Inc. (LI) Breaks Ground on Chips R&D and Production Base
AMD (AMD) Tops Q1 EPS by 22c, Raises Guidance
May 3, 2022 4:12 PM EDT(Updated - May 3, 2022 4:13 PM EDT)
Advanced Micro Devices, Inc. (NASDAQ: AMD) reported Q1 EPS of $1.13, $0.22 better than the analyst estimate of $0.91. Revenue for the quarter came in at $5.9 billion versus the consensus estimate of $5.52 billion.
GUIDANCE:
Advanced Micro Devices,... More
